PPP Loan information for 1st choice llc

$685,075

1st choice llc was initially approved for PPP Loan of amount $685,075, the current approved amount is $685,075. The loan was approved on 03/12/2021 by The Truist Bank reported 161 jobs and $685,075 was used to fund payroll.

1st choice llc is Existing or more than 2 years old

1ST CHOICE LLC

Date Approved

03/12/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

1ST CHOICE LLC

Borrower Address

8121 Georgia Ave Ste 700

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20910-4933

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

685075.00

Current Approval Amount

685075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-4933

CD

MD-08

Jobs Reported

161

NAICS Code

561320

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

685072.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

693086.57

Forgiveness Date

05/19/2022

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